US Dollar Index Fails to Clear Support, Breaks Above a Declining Channel
The daily USD Index chart shows a market that has been flattened after a rally from Aug. 2011 to Jan. 2012. In April, the market fell from about 80.40 down to a previous support pivot near 78.80. As it tested this support, it also tested a rising trendline that went back to the August 2011 lows....
FF News: Technical